Automated Crypto Portfolio Management Shifts to a Novel Framework by Glider
Automated Crypto Portfolio Management Platform Glider Triumphs at Paris Blockchain Week
Glider, an automated, non-custodial crypto portfolio management platform, has emerged victorious in the Start the Block competition at Paris Blockchain Week, impressing a panel of judges that included high-frequency trading firm Auros.
Co-Founder Brian Huang aims to make managing crypto portfolios accessible to the general public by lowering the entry barrier. He shared, "We want to reach the point where we can say, 'Hey, Mom, do you want to participate?'"
The Glider platform enables users to put forward any trading idea and automates the entire process, creating a non-custodial portfolio tailored to their needs. Users have full control over their assets, allowing them to utilize their holdings for lending, staking, and governance purposes.
Huang emphasized that the focus is on abstracting complexities such as gas fees, signing, and bridging, enabling users to manage their crypto portfolios efficiently without constant oversight of such technical aspects.
Glider's winning entry at Paris Blockchain Week reflects the platform's ability to function as an accessible gateway for retail investors to employ strategies similar to those implemented by professional traders. Jason Atkins, Chief Commercial Officer at Auros, praised the product-market fit of the Glider platform, describing it as "close to our hearts" as a firm specializing in algorithmic trading, portfolio structure, and optimizing returns.
Auros sees Glider as part of the next wave of DeFi innovation, with a focus on reducing onboarding friction to attract more users to the burgeoning decentralized finance landscape. Auros' ventures team has already commenced discussions with Glider, offering advisory support and guidance as the startup refines its product offering.
In addition to Auros' backing, Glider recently completed a $4 million funding round led by a16z CSX. Coinbase, Uniswap, GSR, and various other firms also participated in the round, with the proceeds being used to scale the startup's team and pursue organic growth.
Glider's mission to democratize access to sophisticated crypto portfolio management aligns well with Auros' own emphasis on streamlining DeFi onboarding processes to attract users and investors. To learn more about Glider and join the waitlist, visit glider.fi. For information on Auros' work in DeFi and algorithmic trading, visit auros.global.
[Source: Decrypt, Auros Global]
- The triumph of Glider at Paris Blockchain Week showcases its potential as an accessible crypto ecosystem for retail investors.
- Brian Huang, the co-founder of Glider, envisions a future where his platform is approachable enough for anyone, even a casual crypto user's mom, to participate.
- Glider automates the crypto portfolio management process, allowing users to create tailored, non-custodial portfolios and utilize their tokens for various purposes like lending, staking, and governance.
- The platform's focus is on simplifying complexities such as gas fees, signing, and bridging to enable users to manage their crypto assets efficiently without needing constant technical oversight.
- Auros, a high-frequency trading firm impressed by Glider, sees it as a key player in the next wave of DeFi innovation, focusing on streamlining onboarding processes to draw more users to the decentralized finance landscape.
- Auros' ventures team has initiated discussions with Glider, offering advisory support and guidance as the startup refines its product offerings.
- With backing from Auros, along with a16z CSX, Coinbase, Uniswap, GSR, and other firms, Glider plans to scale its team and pursue organic growth to expand its reach and democratize advanced crypto portfolio management.
